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Japan, Banking and the Credit Crunch!!!

October 17th 2008 09:25
money free clipart
Following in the footsteps of the global credit crisis which has affected Australia, the U.S. and U.K., uncertainty has now hit the Japanese markets.

In the last 7 days the Origami Bank has folded, the Sumo Bank has gone belly up and the Bonsai Bank has announced major plans to cut some of its branches.

Yesterday, corporate executives decided to put the Karaoke Bank up for sale which in these turbulent times is likely to go for a song, while today shares in Kamikaze Bank were suspended after they nose-dived.

While Samurai Bank are soldiering on following sharp cutbacks, the Ninja Bank are reported to have taken a hit, but they remain in the black.
Furthermore, 500 staff at Karate Bank got the chop and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal.
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